Abstract

AbstractThe authors analyse the relationship between industry concentration and industry's R&D and innovative activities, for West German industries during the period 1965–1977. The most striking result produced by a single equation model and a simultaneous equations model is the adverse impact of size and industry concentration on productivity growth. On the other hand, however, both size and concentration give rise to faster growth of sales which in turn enhances productivity growth.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call